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[SITUATION] · [ACTIVE] · [BUSINESS]
3 clusters · 12 sources · 9 days · First seen · Last updated
Indonesian shrimp import and domestic competition dispute
Overview
Indonesian shrimp farmers have called for government intervention to protect the domestic industry from foreign competition. Industry experts noted that production costs for shrimp from Ecuador and India are approximately USD 1 to USD 1.5 lower per kilogram than in Indonesia, citing higher local expenses for feed, larvae, electricity, and logistics. Concerns were also raised regarding biosecurity and the potential for imported shrimp to introduce diseases.
While the Ministry of Marine Affairs and Fisheries initially stated that imports from countries like Ecuador were intended as raw materials for processing via Bonded Zones rather than for domestic consumption, authorities have since seized approximately 1,048 tons of imported shrimp in East Java. The seizure, conducted across Probolinggo, Pasuruan, and Lamongan, involved 19.16 tons of pink shrimp from Canada, 885.3 tons of red shrimp from Argentina, and 144 tons of vaname shrimp from Ecuador. Officials suspect these commodities were being diverted to the domestic market, violating import regulations. Minister Sakti Wahyu Trenggono stated the seizure aims to protect local farmers and maintain market stability, estimating the action prevented potential state financial losses of approximately Rp405.8 billion.
In response to the enforcement, legal counsel for PT Baramuda Bahari and PT Megamarine Pride has called for transparency and legal certainty. While not contesting the government’s oversight authority, the companies have questioned the proportionality of the sealing measures and requested clarification on the specific legal basis for the action, citing concerns regarding the economic impact on workers and local supply chains.
Entities
Ministry of Marine Affairs and Fisheries · Sakti Wahyu Trenggono · Tanjung Perak Port · China · PT Baramuda Bahari
Timeline
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2 days ago
[BUSINESS] 7 sourcesIndonesia Ministry of Marine Affairs regulates shrimp imports and boosts fisheriesIndonesia's Ministry of Marine Affairs and Fisheries seized 1,048 tons of imported shrimp to protect local farmers and is deploying 33 vessels to the Arafura Sea to boost fisheries production via China-backed合作
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5 days ago
[BUSINESS] 6 sourcesIndonesia seizes 1,048 tons of imported shrimp in East JavaIndonesia's KKP seized 1,048 tons of imported shrimp in East Java suspected of being diverted to domestic markets instead of being re-exported, potentially saving Rp405.8 billion in state losses.
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11 days ago
[BUSINESS] 2 sourcesIndonesian shrimp farmers seek protection against Ecuadorian importsIndonesian shrimp farmers urge government support to counter cheap imports from Ecuador and India, citing higher local production costs and potential disease risks to the domestic industry.
Sources
antaranews.com · beritajatim.com · cnbcindonesia.com · ekbis.sindonews.com · era.id · indonesiamaritimenews.com · inews.id · jurnas.com · m.jpnn.com · majalahindonesia.id · megapolitan.okezone.com · regional.liputan6.com
This summary has been updated 2 times: see revision history